Posted on April 23, 2010 by Doug Henwood
financial “reform” Our president gave a speech on Thursday in the Great Hall at Cooper Union, the site of Abraham Lincoln’s rather conservative 1860 speech on slavery. Obama’s speech was on a much less elevated topic—financial regulation. He made a lot of appealing sounds, and the financial execs in the front row mostly sat on their hands, but while he was talking, Congress was busy working out compromises—with Wall Street’s army of lobbyists at their sides. So I’m going to reserve commentary until we see what’s actually in the thing. Will there… Read More
Posted on April 23, 2010 by Doug Henwood
Radio commentary, April 22, 2010
financial “reform” Our president gave a speech on Thursday in the Great Hall at Cooper Union, the site of Abraham Lincoln’s rather conservative 1860 speech on slavery. Obama’s speech was on a much less elevated topic—financial regulation. He made a lot of appealing sounds, and the financial execs in the front row mostly sat on their hands, but while he was talking, Congress was busy working out compromises—with Wall Street’s army of lobbyists at their sides. So I’m going to reserve commentary until we see what’s actually in the thing. Will there… Read More
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